131 S 7th St Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $651,000 - $750,000
--
Bed
--
Bath
3,292
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 131 S 7th St, Newark, NJ 07107 and is currently estimated at $684,154, approximately $207 per square foot. 131 S 7th St is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Hawthorne Avenue Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2013
Sold by
Sheriff Armando Fontoura
Bought by
131 South Seventh Associates
Current Estimated Value
Purchase Details
Closed on
Oct 26, 2004
Sold by
A & A Construction Inc
Bought by
Ajibade Joseph Fola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.8%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
131 South Seventh Associates | $151,000 | -- | |
Ajibade Joseph Fola | $435,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Ajibade Joseph F | $454,000 | |
Previous Owner | Ajibade Joseph Fola | $440,000 | |
Previous Owner | Ajibade Joseph Fola | $348,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $7,359 | $197,400 | $32,300 | $165,100 |
2022 | $7,375 | $197,400 | $32,300 | $165,100 |
2021 | $7,371 | $197,400 | $32,300 | $165,100 |
2020 | $7,501 | $197,400 | $32,300 | $165,100 |
2019 | $7,424 | $197,400 | $32,300 | $165,100 |
2018 | $7,290 | $197,400 | $32,300 | $165,100 |
2017 | $7,027 | $197,400 | $32,300 | $165,100 |
2016 | $6,791 | $197,400 | $32,300 | $165,100 |
2015 | $6,532 | $197,400 | $32,300 | $165,100 |
2014 | $8,602 | $277,400 | $32,300 | $245,100 |
Source: Public Records
Map
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